SunPower Customer Guide - Solar Panels

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The true valueof premium solarSunPower customer guide

Not all solar is the sameFor over 25 years, SunPower has been deliveringhigh-efficiency premium solar solutions for homes.When you select SunPower panels you can be assuredthat you are getting the most powerful solar energypanels on the market1, panels that can dramaticallyreduce your electricity bill and can help you savemoney from day one of installation.greatly outweighs the initial cost.The expression ‘you get what you pay for’ rings verytrue in the solar industry, and with SunPower you aregetting the very best solar panels money can buy:the added benefits and value delivered by SunPowerAt SunPower we like to let the facts speak forthemselves, as you will see here as we outline theactual benefits and added value a SunPower premiumpanels deliver over their lifetime. Compared to an investment in Conventional Panels,an investment in SunPower can deliver a much greaterreturn for you and your family, as SunPower deliversmore energy, higher savings, greater reliability and astronger warranty.2ReliabilitySunPower Maxeon cells are designed and tested tothe highest possible standards to ensure reliabilityover the lifetime of the product. TMWhat makes SunPower Maxeoncells more reliable?The design of SunPower Maxeon solar cells is uniquebecause each cell is built on a solid copper foundation— providing the strength and durability neededto survive all weather conditions year after year.Conversely, Conventional Cells use a low-cost metalpaste on the front and back-sides to conduct thepower generated by the cell, and are thus vulnerableto failing when exposed to the elements.86% of Conventional Cells degrade throughcorrosion or cracking due to temperaturefluctuations. This causes them to steadily losepower over time or completely fail.3 SunPower sunique Maxeon cells are virtually impervious tothese issuesOnly27out of a million SunPower panelshave been returned under warranty41. SunPower has the highest efficiency panels, out of all 2600 panels listed in Photon International, Feb 2012.2. Definitions used throughout presentation: “Conventional Panel” is a 240W panel, 15% efficient, approx. 1.6 m2, made with Conventional Cells.“Conventional Cells” are silicon cells that have many thin metal lines on the front and 2 or 3 interconnect ribbons soldered along the front and back.3. Wohlgemuth, J. “Reliability of PV Systems.”Proceedings of SPIE, Aug, 2008.4. Out of 6.5 million panels built with Maxeon Gen 2 cells installed world-wide, Jan 2006 through June 2012

More energy more savingsSunPower panels have five major performance advantages over Conventional Panels:8.2% more energy110%SunPower panels maintain high power at real-worldhigh temperaturesSunPower panels stay cooler and maintain their9%efficiency better at high temperatures when compared8%to Conventional Panels.Maintairs High Powerat High Temps7%ENERGY PRODUCTION PER WATT1.4%6%Superior performance in real world conditions:No light-induced degradationSunPower cells do not degrade when first exposedNo Light-InducedDegradation2%to light, unlike Conventional Cells which can degradeHigher average panel wattsHigher Average WattsSunPower panels provide an additional 3-4 watts abovea Conventional Panels actual wattage.4%Better Low-Lightd SpectralSt l ResponseRand0.8%more energyExcellent performance in low light conditionsSunPower cells generate more electricity early in the morningand late in the day compared to Conventional Cells.2%1%more energySunPower uses the best performing anti-reflectiveglass availableHigh-performanceAnti-Reflective Glass1%more energyby up to 3% within the first few days of installation.25%3%more energyAn anti-reflective coating reduces the amount of lightreflected off the panel and further increases energy production.0%3%more energy25-Year Energy ProductionSame Rated Watts3Same Physical Size4120%110%MORE ENERGY8%100%moreYear 1SUNPOWER90%Year 2535% more80%70%CONVENTIONALENERGY PRODUCTION PER ROOFENERGY PRODUCTION PER WATT175%20%60%MORE ENERGY150%Year 150% more125%SUNPOWERYear 2580% n comparing SunPower and a conventional system ofthe same physical size, the much higher efficiency of theSunPower panels creates a huge difference in the energy0510152025YEARSproduced in year one. That energy production advantagegrows over a 25-year period to 80% more energy.1. Typically 7-9% more energy per rated Watt compared to a Conventional Panel (240W, 15% efficient, approx. 1.6 m2). BEW/DNV Engineering “SunPower Yield Report,” Jan2013. See also Photon International, Nov 2012.2. Pingel, S., et al., “Initial Degradation of Industrial Silicon Solar Cells in Solar Panels,” EU PVSEC, Valencia 2010.3. 0.75%/yr slower degradation based on: Black & Veatch Engineering, “Review of SunPower Fleet-Wide System Degradation,” Nov 2012; Jordan, Dirk “SunPower TestReport,” National Renewable Energy Laboratory, Oct 2012; Fraunhofer PV Module Durability Initiative, Feb 2013; Atlas 25 Durability test report, Feb 2013; Campeau,Z. et al. “SunPower Module Degradation Rate,” SunPower white paper, Feb 2013.4. 327W SunPower vs. 240W Conventional Panel.

NTYAWARR25-year warranty: a differencethat mattersSunPower delivers an industry-leading 25-year combinedproduct and performance warranty1, guaranteeing9.1% more energy over 25 years. This means 25 years ofcomplete peace-of-mind for you and your family.Why is SunPower’s warranty better?What is the value of a warranty?When investing in solar it is important to understandwhat your product and performance warrantiescover and for how long.SunPower’s warranty guarantees both the product andits power output for 25 years. In the unlikely event thatyou have an u nder-performing panel, SunPower willwork with our Partners to repair or replace and install it.Product warranty Typically, a solar panel manufacturer’s warranty isfor 10 years. After that period you are not coveredshould a problem arise. The cost of replacing a singlepanel can be well over 1,500 when accounting forproduct, labour, testing and shipping costs.Performance warrantySunPower products are backed by a 25-year productwarranty, which covers panel removal, shipping and replacement, giving you complete peace-of-mind.100%Performance warrantyMany manufactures offer a 25-year “stepped”performance warranty, typically guaranteeing 90%performance output for the first 10 years then only80% for the remaining 15 years.9,1%95%MORE ENERGYSUNPOWER90%85%TRADITIONAL WARRANTY80%75%05101520YEARS25SunPower offers a 25-year linear performancewarranty that guarantees over 95% performanceoutput for the first 5 years, then a 0.4% degradationrate each year for the next 20 years. After 25 yearsSunPower panels will be still be producing over 87% of their original power.Warranty cover guaranteeCovers removal of bad panel?Covers shipping?Covers new panel installation?Product warranty termLinear Power or Step Power(% above floor)1. Of the top 20 manufacturers. SunPower Warranty Review, Feb 2013SunPower Premium PanelsConventionalPanelsYesYesYes25 yearsLinear 9.1%NoYesNo10 yearsLinear 5.2%

Understanding the true valueof your solar investmentRetail ticket prices can often be confused with value,when the true value of a solar investment should alwaysbe calculated over its entire lifetime (25 years plus).Value can be calculated directly from different variablesthat make up a solar system, these include both inputsand outputs.INPUTSOUTPUTSSystem sizeNumber of panelsEnergy generated by the systemRoof area requiredThe value of that energyPanel efficiencySystem costOutlined below is a comparison between SunPowerpanels and some Conventional Panels. The associatedvariables are listed and the total value of the energygenerated is clearly highlighted.An investment in solar is a long term economicinvestment (25 years plus), it pays not to take shortcuts.It is important to ask questions before investing in a25-year plus asset, such as:— how efficient are the panels?— how is the product and performance warranty structured?— will the product manufacturer still be around in 10 or25 years?It is clear from the example that SunPower’s productis different, as it requires less panels and roof space togenerate more energy and value over its lifetime.The below example is based on current peak ( 0.29/kWh) and reportedfuture energy prices in NSW1.System Variables(All figures based over 25 years)SunPowerPremium PanelsConventionalPanelsSystem size (kWp)Number of panelsTotal roof area required (m2)Panel effciencykWh generated2Value of energy generated1SunPower energy advantage3.271016.320.1%137,002 73,94820.0%3.121320.815.0%114,932 61,644 0 1,500Warranty VariableReplacement cost of an underperforming panel after 10 years1. Based on price projections obtained from “Economic Outlook Information Paper - National Electricity Forecasting”, Australian Energy Market Operator, December 2012.Available at www.aemo.com.au.2. Includes a conservative SunPower yield benefit of 4.5% - Typically 7-9% more energy per rated Watt compared to a Conventional Panel (240W, 15% efficient, approx. 1.6 m2).BEW/DNV Engineering “SunPower Yield Report,” Jan 2013. See also Photon International, Nov 2012.

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Corporate Headquarters Australia SunPower Corporation 77 Rio Robles San Jose, California 95134 USA PO Box 2156 Moorabbin VIC 3189 www.sunpowercorp.com SunPower Corporation Aust